I am located in Germany and have worked quite some time as an auditor for PricewaterhouseCoopers before becoming a daytrader almost 20 years ago. During this time, I managed to successfully maneuver the burst of the dotcom bubble and the aftermath of the world trade center attacks as well as the subprime crisis. Despite not being a native speaker, I always try to deliver high quality research to followers and the entire Seeking Alpha community. I am mostly a trader engaging in both long and short bets intra ...

Valaris Limited (VAL) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on July 31, might help the stock move higher if these key numbers are better than expectatio ...

Patterson-UTI Energy (PTEN) Q2 2025 Earnings Call July 24, 2025 10:00 AM ET Speaker0Hello, and thank you for standing by. My name is Lacey, and I will be your conference operator today. At this time, I would like to welcome everyone to the Patterson UTI Second Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session.We ask that you limit to one question and one follow-up. ...

Core Insights - Patterson-UTI reported a quarterly loss of $0.06 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.04, marking an earnings surprise of -50.00% [1] - The company generated revenues of $1.22 billion for the quarter ended June 2025, exceeding the Zacks Consensus Estimate by 1.02%, but down from $1.35 billion year-over-year [2] - The stock has underperformed, losing approximately 29.1% since the beginning of the year, while the S&P 500 has gained 7.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.06 on revenues of $1.18 billion, and for the current fiscal year, it is -$0.20 on revenues of $4.78 billion [7] - The estimate revisions trend for Patterson-UTI was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Oil and Gas - Drilling industry, to which Patterson-UTI belongs, is currently ranked in the bottom 7% of over 250 Zacks industries, suggesting a challenging environment [8] - Another company in the same industry, Nabors Industries, is expected to report a quarterly loss of $2.05 per share, with a significant downward revision of the consensus EPS estimate by 67.7% over the last 30 days [9]

Dubai, July 22, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (the "Company") announces that the 90 day validity period of the Conditional Letter of Award received for the Platinum Explorer on 23 April 2025 has been extended by a further 30 days. All other terms and conditions remain unchanged. This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading ...

Key Takeaways RIG added $199M in new contracts and extensions to its backlog during the second quarter of 2025. Transocean secured work from Equinor, Murphy Oil, Petrobras, and other clients across key offshore regions. The company's total backlog reached $7.2B as of July 16, reflecting strong demand for its advanced fleet.Transocean, Inc. (RIG) , an offshore drilling contractor, announced that it added approximately $199 million to its contract backlog in the second quarter of 2025. The company secured f ...

Core Viewpoint - Patterson-UTI Energy, Inc. (PTEN) is expected to report a second-quarter loss of 4 cents per share with revenues of $1.21 billion, reflecting a year-over-year decline in both earnings and revenues [1][10]. Group 1: Financial Performance - In the first quarter of 2025, PTEN achieved breakeven adjusted earnings per share, outperforming the Zacks Consensus Estimate of a loss of 4 cents per share, driven by an 11.2% year-over-year reduction in costs and expenses [3]. - Total revenues for Q1 2025 were $1.3 billion, exceeding the Zacks Consensus Estimate by 7.7% [3]. - The Zacks Consensus Estimate for second-quarter 2025 earnings indicates a 180% year-over-year decline, while revenues are expected to decrease by 10.09% from the previous year [4][10]. Group 2: Cost Management - PTEN's operating costs and expenses are projected to reach $1.26 billion in the second quarter, a 3.4% decrease from the same period last year, reflecting the company's focus on streamlining operations [6]. - Direct operating costs are expected to decline from $971.2 million to $961.2 million, and depreciation, depletion, amortization, and impairment costs are anticipated to decrease from $267.6 million to $230 million [7]. Group 3: Revenue Challenges - The Zacks Consensus Estimate for second-quarter revenues is $1.21 billion, down from $1.35 billion in the year-ago quarter, attributed to poor performance in Completion Services, Drilling Services, and Drilling Products segments [8][10]. - Despite expected revenue declines across several segments, PTEN's cost management efforts are likely to mitigate the financial impact [9].

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Patterson-UTI due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Patterson-UTI is expected to report a quarterly loss of $0.04 per share, reflecting a year-over-year change of -180% [3]. - Revenue is projected to be $1.21 billion, down 10% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 32.87% over the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Patterson-UTI is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -3.23% [12]. Earnings Surprise Prediction - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. - Stocks with a positive Earnings ESP and a solid Zacks Rank have historically produced a positive surprise nearly 70% of the time [10]. Historical Performance - In the last reported quarter, Patterson-UTI was expected to post a loss of $0.04 per share but delivered break-even earnings, resulting in a surprise of +100.00% [13]. - Over the last four quarters, the company has only beaten consensus EPS estimates once [14]. Conclusion - Patterson-UTI does not appear to be a compelling earnings-beat candidate, and investors should consider other factors when making decisions regarding the stock ahead of its earnings release [17].

Core Viewpoint - The market anticipates a year-over-year decline in earnings for Helmerich & Payne despite an increase in revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Helmerich & Payne is expected to report quarterly earnings of $0.21 per share, reflecting a year-over-year decrease of 77.2%, while revenues are projected to be $1.01 billion, an increase of 44.6% from the previous year [3]. - The consensus EPS estimate has been revised down by 20.64% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -13.10%, indicating bearish sentiment among analysts [12]. - A positive Earnings ESP is generally a strong predictor of an earnings beat, especially when combined with a favorable Zacks Rank [10]. Historical Performance - In the last reported quarter, Helmerich & Payne was expected to post earnings of $0.65 per share but only achieved $0.02, resulting in a surprise of -96.92% [13]. - Over the past four quarters, the company has beaten consensus EPS estimates twice [14]. Investment Considerations - Helmerich & Payne does not currently appear to be a strong candidate for an earnings beat, and investors should consider other factors when making investment decisions [17].

Group 1 - Noble Corporation plans to report its financial results for the second quarter of 2025 on August 5, 2025, after the U.S. market close [1] - A conference call regarding the second quarter results is scheduled for August 6, 2025, at 8:00 a.m. U.S. Central Time, with registration options available [2] - Noble Corporation is a leading offshore drilling contractor with a modern and advanced fleet, focusing on ultra-deepwater and high specification jackup drilling opportunities [3]